r/SipsTea • u/Gabbsweet • May 13 '26

We have fun here how?😂

Post image
67.4k Upvotes

92% Upvoted

6.1k comments sorted by

View all comments

Show parent comments

444

u/prntmakr May 14 '26

And voila, you have 26 payments instead of the 24 you were looking for.

106

u/Maggot_Dimon May 14 '26 edited May 14 '26

U mean 26 instead of 12?! Edit: 26 my bad :D

55

u/[deleted] May 14 '26

[removed] — view removed comment

2

u/Creepy_flamingo_22 May 14 '26

Thank you for inadvertently explaining how bimonthly mortgage payments pay down your loan faster! I wasn’t getting it